Q4FY17 Results: Gujarat Fluorochemicals
Amir Shaikh / 29 May 2017
Gujarat Fluorochemicals reported its results for the quarter ended March 31, 2017 on Monday.
Gujarat Fluorochemicals reported its results for the quarter ended March 31, 2017 on Monday.
The company's total sales for Q4FY17 came in at Rs 1863.3 crore, which represents a 2.8 per cent sequential increase and 20.5 per cent YoY decline.
Its operating profit (EBIT) for the quarter amounted to Rs 290.8 crore and the EBIT margin stood at 15.6 per cent.
The company reported PAT (adjusted) of Rs. 367.9 crore, which represents a sequential QoQ increase of 221 per cent and a YoY increase of 65.8 per cent.
The board of directors has recommended dividend of Rs. 3.5 per equity share (Face Value: Re 1).
The stock opened at Rs. 691.05 and closed at Rs. 684.75, a loss of 0.91 per cent.
The company is a producer of polytetrafluoroethylene (PTFE) resin in India. The company's segments include chemicals, power, theatrical exhibition and wind energy business.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.